Health Insurance Tech News
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Thatch raises $108M Series C at a $1B valuation for its ICHRA health-benefits platform
Thatch raised a $108M Series C at a $1B valuation, led by The General Partnership, to scale its ICHRA-based health-benefits platform. Strategic investors include Eli Lilly, ADP Ventures and Paychex; the company says it now serves 5,000+ employers with ARR up nearly 7x year over year.
HR TechnologyNara Health Raises $14M to Reinvent Health Insurance Through AI Benefits Administration and Alternative Health Plans
Nara Health, a Chicago-based startup, has closed $14 million in combined pre-seed and seed funding led by Khosla Ventures. The company is developing an AI-native Third Party Administration platform designed to overhaul employer-sponsored health benefits, with a particular focus on offering alternative health plans that reduce premium costs for the roughly 170 million Americans covered through their employers.
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